Belgium: Aldehydes Cyclic Polymers Market 2024

Aldehydes Cyclic Polymers Market Size in Belgium

In 2022, the Belgian aldehydes cyclic polymers market increased by 21% to $X, rising for the third consecutive year after two years of decline. Overall, consumption, however, enjoyed a notable expansion. Aldehydes cyclic polymers consumption peaked in 2022 and is expected to retain growth in the near future.

Aldehydes Cyclic Polymers Production in Belgium

In value terms, aldehydes cyclic polymers production amounted to less than $X in 2022 estimated in export price. Over the period under review, production showed a relatively flat trend pattern. The growth pace was the most rapid in 2017 when the production volume decreased by 99.9%. Over the period under review, production attained the maximum level at $X in 2016; however, from 2017 to 2022, production remained at a lower figure.

Aldehydes Cyclic Polymers Exports

Exports from Belgium

In 2022, shipments abroad of cyclic polymers of aldehydes decreased by -79% to X tons for the first time since 2019, thus ending a two-year rising trend. In general, exports showed a abrupt curtailment. The pace of growth appeared the most rapid in 2020 when exports increased by 2,705%. Over the period under review, the exports attained the peak figure at X tons in 2014; however, from 2015 to 2022, the exports stood at a somewhat lower figure.

In value terms, aldehydes cyclic polymers exports reduced notably to $X in 2022. Overall, exports recorded a deep setback. The most prominent rate of growth was recorded in 2020 with an increase of 3,408%. The exports peaked at $X in 2014; however, from 2015 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Germany (X tons), the Netherlands (X tons) and Hungary (X tons) were the main destinations of aldehydes cyclic polymers exports from Belgium, with a combined 98% share of total exports.

From 2012 to 2022, the biggest increases were recorded for Germany (with a CAGR of +88.6%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X) remains the key foreign market for cyclic polymers of aldehydes exports from Belgium, comprising 75% of total exports. The second position in the ranking was held by the Netherlands ($X), with a 21% share of total exports. It was followed by the UK, with a 1.5% share.

From 2012 to 2022, the average annual growth rate of value to Germany totaled +83.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Netherlands (+40.9% per year) and the UK (-28.1% per year).

Export Prices by Country

In 2022, the average aldehydes cyclic polymers export price amounted to $X per ton, picking up by 56% against the previous year. Over the period under review, the export price showed a relatively flat trend pattern. Over the period under review, the average export prices hit record highs at $X per ton in 2013; however, from 2014 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Spain ($X per ton), while the average price for exports to Hungary ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Spain (+11.3%), while the prices for the other major destinations experienced more modest paces of growth.

Aldehydes Cyclic Polymers Imports

Imports into Belgium

After two years of growth, overseas purchases of cyclic polymers of aldehydes decreased by -91.8% to X tons in 2022. Overall, imports showed a precipitous curtailment. The pace of growth was the most pronounced in 2020 when imports increased by 53%. Over the period under review, imports attained the maximum at X tons in 2014; however, from 2015 to 2022, imports remained at a lower figure.

In value terms, aldehydes cyclic polymers imports fell notably to $X in 2022. Over the period under review, imports recorded a drastic downturn. The pace of growth appeared the most rapid in 2020 when imports increased by 148% against the previous year. Over the period under review, imports hit record highs at $X in 2014; however, from 2015 to 2022, imports stood at a somewhat lower figure.

Imports by Country

Germany (X tons), the Netherlands (X tons) and China (X kg) were the main suppliers of aldehydes cyclic polymers imports to Belgium, together comprising 100% of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Germany (with a CAGR of +62.2%), while imports for the other leaders experienced a decline.

In value terms, Germany ($X) constituted the largest supplier of cyclic polymers of aldehydes to Belgium, comprising 87% of total imports. The second position in the ranking was held by the Netherlands ($X), with an 11% share of total imports.

From 2012 to 2022, the average annual growth rate of value from Germany amounted to +55.3%. The remaining supplying countries recorded the following average annual rates of imports growth: the Netherlands (-25.0% per year) and China (-51.1% per year).

Import Prices by Country

In 2022, the average aldehydes cyclic polymers import price amounted to $X per ton, increasing by 66% against the previous year. In general, the import price recorded notable growth. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($X per ton), while the price for the Netherlands ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (-0.5%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :